Victoria University Professional and Executive Development
Victoria University Professional and Executive Development
Course Location:
Level 2, Rutherford House, 23 Lambton Quay, Wellington City
Full Day 9:00 am - 4:30 pm
$675.00 Early Bird Discount available until 28 days prior to the course start date $607.50 excl GST
Overview: Finance for Non-Financial Managers explains the financial concepts and accounting processes used in most businesses and will provide practical techniques that will transform your effectiveness as a manager.
This course provides a foundation for you to understand and use financial information in decision making, including resource allocation and evaluating financial performance. It covers: budgeting and reporting, the difference between accrual and cash accounting, and the interpretation of financial information in order to make effective decisions.
Who Should Attend: This course is aimed at all managers who do not have financial training and who would like to utilise financial information to aid effective decision making. The course assumes participants can use a calculator and can do simple numeric calculations.
Course Objectives:
•Understand the art of finance - the terminology and the assumptions, estimates and biases that underlie the numbers. •Understand the content and presentation of financial statements. •Learn that profit is not equal to cash and the importance of cash. •Understand why budgets are used as a management tool and how they are built. •Learn how to read and analyse the accounting numbers including the use of ratios. Course Outline:
•Financial terminology and accounting concepts: the concepts and language of accounting is explained in easy to understand language. •Understanding the numbers: why profits and most assets are estimates and what underlies them. •The importance of cash as a reality check as to business performance. •How budgets are built and the importance of understanding the assumptions underlying them. •How to use finance tools to assist in strategic decision-making. •Reading financial reports and understanding the financial picture. Course Format: This one day course places emphasis on the practical application of all concepts covered.
Further Details: If you would like more information about this programme, please contact us on: Ph: 64 4 463 6556 Fax: 64 4 463 6550 Email: profdev@vuw.ac.nz
Customised Workshops: Victoria Professional and Executive Development are able to customise many of our workshops to meet specific individual or organisational requirements. Please contact us for further information.
Course Format: This one day course places emphasis on the practical application of all concepts covered.
Teacher: Lisa Marriott PhD, MBA, BSc, BCA (Hons), is a Senior Lecturer at the School of Accounting and Commercial Law, Victoria University of Wellington. She has previously worked in industry as a Financial Controller and Accountant in the private sector in the United Kingdom; and in internal audit in the New Zealand public sector. For the past six years, Lisa has worked in academia.
Lisa's primary teaching areas are financial accounting and taxation. She researches in the area of taxation, public finance and social policy. Recently she has published a book, book chapters and journal articles on the taxation of retirement savings, experimental taxation methodologies, and tax incentives for the arts.